Grupo Security SA said its board of directors approved a dividend payment worth 4.35 Chilean pesos per share.

Of this total, 1.75 pesos are attributed to the company's earnings through 2017, while the remaining 2.60 pesos are tied to its retained earnings from previous years.

The payment, which will be available Nov. 3, will be paid in cash, the company said in a Oct. 11 filing.

As of Oct. 11, US$1 was equivalent to 626.78 Chilean pesos.